Positions
bitcoin:native near break even
$KTOS down bigly
$HII new position at 315
Uber bullish Aerospace and Defense this year and next, it hasn't been performing this year while everyone is entertained in tech. Few sectors are resistant against the treat of AI and broke consumers.
Great analysis by @ThinkingBitmex
"...super LTF liqmaps look pretty dogshit down to $70k
That being said there aren't any major signs of froth. The only two big runners are ZEC & HYPE - both of which have reasonable narratives. The rest of the coins that were big speculative names like FARTCOIN are just anemic
We're also seeing some big degen shorts trying their hand at shorting now: https://t.co/BbGUHPLcwp
My best guess is we chop around, maybe could hunt a bit lower, but no huge systemic risk. If you get sub $70k you should slam IMO"
If you live in the west, being in your 30's and having under 5 million is frustrating. You can't retire and have enough for a partner and family.
It's similar being between 25-35 years old and feeling like you're running out of time.
I graduated at the University Charlie Kirk was killed at. I was present during the shooting. There are so many echo chambers currently of guessing what happened.
I know that school well, it's easy to get access to those higher rooftop points. They did not screen anyone, it was also a bad spot to put Charlie in, but all his presentations have been outdoors. Plenty of police on site and there were 20 guys with M16's running past me in 15 minutes from the shooting because they did not catch the shooter. I don't think they will catch the shooter, and eventually they will pin it on some degen low life guy.
My heart goes out to his wife and kids that were there and the thousands of students that had to experience a traumatizing experience.
From my quants who are the smartest in this area thinks it's Israel or CIA.
6 years iβve been here full time and iβve never seen the sentiment as low as it is right now.
phone calls from multiple 8 fig individuals from previous cycles saying they donβt see the point in spending their time in crypto anymore.
other 8 fig individuals that have lost it all.
its actually insane.